Patcher: The Lost and Damned has sold one million so far

Rockstar may not have released download numbers for The Lost and Damned yet, but that hasn’t stopped Michael Patcher from throwing around a “1 million” figure.

The analyst has estimated that Rockstar’s DLC has sold into seven digits so far, and will reach 2 million by the end of the year.

While he was peeking into his crystal ball, he also predicted that the second GTA IV episode is “likely” to arrive towards the end of Rockstar’s October 31 fiscal year.

Even more, he said today that a new console title in the GTA series will arrive by the end of 2010, and is likely to generate 50 percent more profits than previous installments, due to the growth in general console installed base.

“We don’t think it is reasonable to estimate that sales of GTA will double the prior version, but we think that a 25 – 30 per cent penetration is reasonable, suggesting 15 – 18 million units sold,” said Pachter.

“That means that Take-Two’s profits from the next iteration should be approximately 50 percent greater than from the last version.”

He reached this conclusion because in 2010 consoles are expected to be in 60 million homes in the US and Europe, with 30 percent of those owners likely to pick up a new GTA game.